Company Registered number 08028503 Charity Registration number '. 1150030 Ripley Pre-school Company Limited by Guarantee Unaudrted Financial Statements 31 July 2023
Ripley Pre-school Company Limited by Guarantee Financial Ststements Year ended 31 July 2023 Page Trustees, Annual ReFQrt (Ir01[)ratsng the dire¢torfs Report) Independent examinerfs rewrt to the trust Statement of financial ath"vib"es lincluding inix)me and ex[KIiture accounti Statement of financial rx)sition Notes lo the financial statements
Ripley Pre-school Company Limited by Guarantee Trustees. Annual Report (incorporating the Dlrectotrs Report) The trustees, who are also the directors for the purFoses of company law, present their report and the unaudited financial statements of the chanty ft)r the year ended 31 2023. Registered charity name Ripley Pre-school Charity registration number 1150030 Company reglstration number 08028503 Principal office and registered office wenrth C105e Ripley Woking Surrey GU23 6ED The trnstees and directors Mrs G Hollis {resigned Feb 2023) Mrs D Bennesch (resigned Feb 2023) Mrs C Grimes Mrs Anna Healey (reSned Jul 2023) Mrs Chartotte Amison (appointed Sep 20221 Independent examiner Trff8ny Ann Purves FCA CAISA) 9 Danesfield Ripley Surrey GU23 6LS
Ripley Prepschool Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directof s Report) IcontinLpd} Structure, governance and management Governing Docurnent The charity is Controll by Ils governing dCMent. a deed of trusL and constttute a limited company, limited by guarantee. as defined by the Companies Act 2016. Every Member of the Pre-school undertakes to pay such amount as may required not exceeding £1 towards the Pre~School's assets rf the Pre-school should be wound up while. he or she remain a Member or within one year after they 2$e to be a Member tovrards the costs of dissoluty.on and the liabilities incurred by the Pre-SchcKTrl while the contr"butor was a mernber. Organisational structure The overall management and control of the Pre-school shall vest in the indFvidual members of ifs Management committee {'the committ,) who are the company directors and charity trustees of the Pre-school. The Committee shall consist of a Chair, a Treasurer and a Sectetary {'the Officers'l and not less than 2 nor more than 9 elected members and rf the Commrttee so decides not more than 3 members co-opted by the Committee. The Commtttee members shall be elected for a temi of one year at the Annual General Meeting. Retuming Committee offirS and Commrttee members are eligible for r&election unless they have already served on the Council in any capacity for six consecutive years. Risk management The trustees have a duty to identify and review the risks to which the chaty is exposed and to esnure appropriate controls are in pla to provide reasonab assurance against fraud and error. Membelshlp The number of Memters with whh the Pre-school proposes to be registered is unlimited. The Pr school rnaintains a register of Members. MeMr$hip is open to any indivvjual, family or organisab'on interested in promob.ng the Objects of the Prtrschc. Trustees Recruitment and Training The Chanty advertBes for tTUStees localty and all training needs are met during the induction pro(Ess. Wages and salaries The wages of all staff including key management personnel are agreed by the Trustees annually at one of their meetings. Key pevsonnel The Trustees have delegated the day to day running of the Chafity to Mrs C Grimes. Objectives and activfties We have referred to the guidan contsined in the Charty Commission's general guidance on public benefit when reviewing our aims and oty'ectives and in planning our future xtivities. The objects of the Pre-school are to enhance the devdopment and education of children primarily under ststulory schcx)l age by encouraging parents to under5tsnd and F)rovide for the needs of their children through communty groups and by". -
Ripley Pre-school Company Limited by Guarantee Trustse3' Annual Report (Incorporating the Directorfs Report) {continueil) Offering appropriate play. education and care faciliti.es and training courses, together with the right of parents to take responsibility for arKI to become involved in the tl"e$ of Such groups, esnuring that such groups offer opportunities for all chiklren whatever thri race, culture. religion, means or ability., Encouraging the study of the needs of such chiklren and their families and promoting public interest In and recognition of such needs., Investsgating and adhering to and furthering the aims and objectives of the Pre-school Allan. Significant activitigs Significant activities ntinUed to be the provision of faciliti.es for the development and education of children under the statutory schwl age. Achievements and perfornMnce The Charity continued to operate a Pre-sch[x Vh)h enabled it to &hieve the objectives set out above_ Financial review The turnover for the year increased by £1S,284 from last year to £63.065 31 July 2023 (2022". £47,7811 Expenditure reduced on last year by £802 to £63.367 12022. £64,169) The Charity recorded a loss for this year of £302 compared to a h)ss in 2022 of £16,388. The reserves as al 31 Juty 2023 were reduced to £64.16312022.. £64.4651. Reserves Policy The reserves represent unrestricted funds from operabng resufis. The Trustees are happy that the current level of free reserves is sufficient to enable the schwl to continue for the rTrext financial year. Plans for the future peTiods The Charity plans to continLte operating the Pre-scho for the benefft o* the tcal population. Directors Responsibilities The directors acknowtedge.. {al that the directors are resw)nsible for preparing the Directors. report and the financial statements in accordanace wth applit2ble law and regulations and in accordance wrth United Kingdom Generally Apted Accounting Practice; Ibl that company law requires the directQf5 must not approve the financial statemenls unless they are satisfied that they give a tnje and fair of the state of affai of the company and of the profit or loss of the company for the period". {cl that in preparing the financial ststements the directors are required to '.{il select SUFtable accounting policies and then appty them u)nsistenlly." lill make judgements and accounting estimates that are reasonable and prudentr, liiil prepare the financ1 statements on the going concem basis unless il is inappropriate to presume that the company will continue in business_ (dl that the directors are responsib for kpIng adequate lunb"ng records that are sufficient to show and explain the companls transactions and disclose with reasonable accuracy al any time the financial pos0 of the company and that enable them to ensure that the financial statements comply with the Companies Act
Ripley Prfrschool Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directors Report) (continued} lel that the directors are responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevellkn.on and detectton of fraud and other irregularth"es," and lfj IhaL where appropriate, the directors are responsible for the Maintenan and integrity of the corporate and financial infomration included on the companls website. It is important lo bear in mir¢d that legislabon in the United KiTrJdoni goveming the preparation and diseminab'on of financial statements may differ from legislation in other jurisdicti.ons. Small company pn)visions This report has been prepared in accordan WFth the applicab to companies entttled lo the small companies exemption. The trustee, annual report was approved on i* of trustees by '. and sKJned on behaw of the board Mrs C Grirnes Trustee
Ripley Pre-school Company Lirnited by Guarantee Independent Examinerfs Report to the Tntstees of Ripley PrsChoOl Year ended 31 July 2023 I report to the Injstees on my examination of the fin8n(i81 ststennts of Ripley Prs(kn nhe tharityj for the year ended 31 July 2023. Responsibilities and basis of reF>Qrt As the ttustees of the companty 18fKI also its directors for the purposes of (xjmpany law) you are sponSible for the preparation of the financial statements in aOrdani2 wtth the requirements of the Companies Acl 2006 (the 201 Act'i. Having satisfield myself that the accounts of the company are not wuired to be audited under Part 16 of the 2006 Act and sre eligible for independerrt ex8Tninab"on, I report in respect of my ex8fflinab.on of the charitys accoLsnts as carried out under section 145 of the Charities Act 2011 Clhe 2011 ALX). In carrying out my examination I have followed the directions given by the Charity Commission under sedion 14515llbl of the 2011 A Independent exami$ statement I have completed rny examination. I confirm that no m8ttets ha come to my attention in cYJnneclion with the examination giwng rve casue to believe." accounting r$¢ords were not kept in respect of the thaiity as required by seckn 386 of the 2( Aca.. or the finan(ial statements do not accord vrilh those )rds. or the finanoal statements do not CA)mply vAth the accounting requirements of section of the 20 Act other than any requirement that the accounts give a and fairf wew which is not a matter considered as part of an independent examination.. or thè financial statements have not been piepared in accordance vAth the methods and pvinuples of the Statement ol Recornmended Pia(ce for accounting and reporb.ng by d)artbes applicable to charities preparing their accounts in accordance with the Finanoal Reporling Slandard applicab in the UK and Republic of Ireland {FRS 1021. Ihaven be dra cems 8rKI have corne across no other matters in IxTrnnectiork wth the Èxamination to which attention should inth report in order to enabel a proper understanding of the aoxjunts to be ieathed. Tiffany Ann Purves FCA CAISA) Indepèndent Examine 9 Danesfield Ripley Surrey GU23 6LS 30 Septernber 2023
Ripley Pre-school Company Limited by Guarantee statement of Financial Activities (Including income and expenditure account) for the year ended 31 July 2023 2023 Unrestricted fvnds 2022 Total funds Total funds Charitable activtties Other Income 62,719 62.719 45,672 2,109 Total Income 63,C65 63.065 47,781 Expenditure Expendilure on chantabte actNit 63,367 63,367 64,169 Total Expendithre 63.367 63.367 64,169 Net expendlture and nel movement in fund5 302} 1302) 16.388} Reconciliation of fvnds Total funds brought forward 64.465 64865 80,853 Total funds carried forward 64.163 64.163 64,465 The stslement of financial activ indudes all gains and losses recognised in the year. All income and expendtture derive from continuing actNths.
Ripley Pre-school Company Limited by Guarantee Statement of Financial Position as at 31 July 2023 Notes 2023 2022 Fixed assets Tangible assets 10 1,628 1,970 Current assets Debtors Cash at bank and in hand 11 145 63,450 63,595 63,613 63.635 Creditors: amounts fallin9 due withln one year 12 {1,1001 {1.1001 Net current assets 62.535 62,495 Net assets 64,163 64,465 Funds of the charlty Unrestricted funds 13 64.163 64.465 Total ¢harlty funds 64.163 64,465 For the year ending 31 JU 2023 the charty was enbtled to exemplion from audit under section 477 of the Companies Act 2(K relating to small companies. Directors, responsibiltbes = The trustees have not requir&J the company to obtsin an audit of its financial statements for Ihe year in quests'on in xcordance section 476: The directors ackncwAedge their resEnSibl11L1es for complwng wrth the requirements of the Act with respect to accounting re(x)tds and the preparation of financial statements. These financial ststements have been prepared in cOrdan wth the provisions applicable to companies subject to the small cornpanies. regime. These financial statements were approved by the board of trustees and are signed on behalf of the board by.. Mr5 C Grlmes Trustee Approved by the board on 1 November 2023
Ripley Pre-school Notes to the Accounts for the year ended 31 Juty 2023 I Summary of significant accounling policies Statemènt of compliance The financ¢al statemenls have been prepared under the historiczl u¥nvenb"on and in aCrdance FRS 102. The Finan(>al Rewtb"ng Stsndard appli(3ble in the UK and Republic of Ireland. the Ststement of Recommended Practice applicable to charibes preparing their accounts in accordan with the FinancAal Reporting Standard appli13ble in the UK and Republic of Ireland IFRS 1021 {Chattb"es SORP{FRS 102}l and Ihe Companies Ad 2¢. Charffltabk adivtyappothnment The Charity has one adivity which is the provÉsion of PSc ser¥s. Thére are no material un¢rt3inties attht the ¢tharitys abilty to c£tinUe. Fundaccounting UnrestrKted funds can be LEsed in aCOJrdare ryth the rtwilabie obiecves at Ihe disc¥etion of the trustees. RÈstricied fijnds onty be used for parfioJLar restiicaed purposes %Mthin the objedives of the charity. Restricbons arise when speufied by the donor 1en funds are ratsed for particular restricted purposes. Further explanation of the nature and purw)se of eath fvnd is induded in the rK)tes to the financjal statements. Income All income is induded in the statement of financial activities when the charity is entitled to the income, any performarKE relate(I condibons atta¢$ have been met or are fulty vthin the control of the charity, the income is considered probable the amount be quanb.fied wrth reasonable acLuraq. Income is stated after di)ts. Tanglble assets Tangible assets are measured at cost kss acujmulthe depreciation and any acc)Jmulative impaitmenl losses. Depretyab"on is provided all tsngible fwl assets. other than freehold land, al rates ¢>lculated to vKite off the cxtsL less estimated residual Value. of eat asset evenly over lis expected useful lrfe, as fo11ryS'. FiXtuS & Fittings 33% on c4)st and 10% on cost Impainnent of fixedassets A review for i[lCal0[S of impaitment is tried out at eath repKNb"ng dale. vriih the TP(y)verabte amount being estimated where suth indi(xtots exist Whete the t3trwng walue extxeds the recoverable amount, the asset is impaired accordingly. Prior impaimients are also reviewed for Fwsibje ieversal at reN%b"ng date. Debtors Short term debtors are measure(l * tr8nwtr pri Iwhith is usually the Envo1 pri}. le5S ally impairment losses for ba1 doubtftjl debts. Loans and other finanoal assets are initially recognised at transaction pric? induding any transaction sts and subsequenlty mea5uied at arnortised tt)st detwmined using effecbve interest Mel1. less any impaimnt losses for bad and doubtful debts.
Rlpley Pre-school Notes to the Accounts for the year ended 31 Juty 2023 Creditors Short term (¥IltOrS are measured at tranwbon I1th is usually the invoice Pri). Loans and other financial liabilities are InallY recognised at trdnsaclion pfice net of any transaction costs and subsequenuy measured at arTh)rtiwl wst determined using the effe¢tK¥e inl&rest rnethod. Taxion The ¢harrty is exempt from corporation tax on its thariiable acIN1tS. Provtslons Provisions lie liabilities of uncertain timing or amount) are re(wnised when thwe is aTF obligation at the reportirTrg dale as a re5uW of a past event. it is probable that enOMiC benefft bè transfèrred to sètde the obligation the amount of the obligatson be estsmated reliably. Contributions to defined contribution plans are expensed in the period to %thich they relate. Pfepaid conlribub.ons are recognised as an asset to extert that the prepayment 11 lead to a reduthon in future payments or a cash refund. When contritrrtjlions are not expected to be settled whdly wthin 12 months of the end of the reporting dale in whi¢h the Èmployees rendèr the related seM(. thè liabilty is measured on a discounted present value basis. The unwinding of the discount is rec4)gnised as an expense in the perEi>d in rt arises. 2 Limited by guarantre This company is limited by guarantee. 3 Charitable activities Unrestiicted Funds 2023 Totsl Funds Unrestricied Fund5 2022 Totsl Funds EYFE- Govemmenl fees Fees. Pr&School S4355 34.743 10,929 45,672 34,743 10,929 45,672 62,719 62.719 4 0th8r incom• Unrestrmlgj Funds 2023 Total Funds Unreslrided FLmds 2022 Total Funds othei in(x)me Interest Receivable 2,109 2,109 2.109 2.109
Ripley Preschool Notes to the Accounts for the year ended 31 July 2023 S Expendire OD charrlzblè ael1vrt by fund type Un$1"ed Funds 2023 Totsl Fund5 Unrestrtcted Funds 2022 Total Funds Pre-S¢h(KA edu(2tion Support costs 61,129 2.238 63,367 61.129 2.238 63.367 69.886 4,562 74.448 69,886 74,448 6 Expenditure on charitsble activrt by actsvity type Acttvity undertaken diredty &Jpport 2023 Costs Totsl Funds 2022 Total Funds Pre-school educalion Govemance costs 61.129 61,129 1238 63,367 69.886 4,562 74.448 2,238 2.238 61.129 Y Net expenditure 2023 Depreciation of tangible fi1 a&8ets 342 342 8 Independent examination fws 2023 2022 Fees payable to the independent examiner for. Independenl examination of the fir¢anaal StateThts 2.238 1.230 9 Staff costs The total staff o)5ts and emkty benefits forlhe retKx1ing peri a analysed as foll(ws". 2023 21Y22 Wages and salaries Employer contributions to pensh)rt plar 41,047 48.636 2.078 41.915 50,714 The average head count of employees during the year wa$ 4 {2022". 4}. The avefage number of full-time equivalent employees durirrfJ the year is anatysed as folkthE.' 2023 2022 No. Number of staff No employee rec£ived employ t*neffls of more than £60,CW duriThJ the yeaT12022: nil) 10
Ripley Prech¢)01 Notes to the Accounts for the year ended 31 Juty 2023 10 Tan9ible fixed assets Fixtsjrès & fittings Atcost Cost or valuation Al 31 July 2023 7.190 Depro¢iation Charge for the year Al 31 July 2023 342 Caryying amount At 31 July 2023 1,628 11 DebtOfS 2023 2022 Trade debtors 145 12 crltOrs. amounts falling due within one year 2023 2022 Accruals 1.1(K) 13 Profft and loss account 2023 2022 At 1 August Loss for the financ4al year 64.465 1302) 116,3881 At 31 July 64,163 14 Trustse rnnunèrdtion and expgns•s In line wilh the Arlides of Ass(KiatK)n Mrs C Grimes received £ 21.475 {2022'. £17.5711 under an erTrployment contract in lation to her role as a staff member of the we teathing staff. 15 Penslons and other post retIren benefils Defined contribution plans The amounl recognised in inwne or exFdrtuTe as an eXse in relation to defined wntsibution plans was £868. is a w)rkplace pens•)n sc*eme by NEST (2022: £1.(Mya) 11
Ripley Pre-school Notes to the Accounts for the year ended 31 July 2023 16 Analysls of charitable fun Unre8trietèd funds At1Aug 2022 At 31 Jul 2023 EXpditre General lunds 79.962 63.36 79.660 At1Aug At 31 Jul Expenditure 2022 IrKome Gèneral funds S2,347 (74.4481 79,962 17 Analysis of net assets between funds Unrestrided Totsl Funds Funds 2022 Tangible fixed assets Current assets Credrtors less than 1 year 1.628 1.626 63.63S 11.100) 11,1(KJl Net assets 64,163 64,163 UnrestriG Funds Total Funds 2022 Tangible fixed assets Cuirent assets Creditors less than 1 year 1,970 63.595 (1,100) 1,970 63.595 11,1CKJI Netassets 64.465 64.465 18 Presentation currency The financial ststements are eSente(l in Stwlvw. 19 Legal form of entity and county of incorporatio Ripley Pre-sthool is a private company limjted by guarantee and 1ncorpLated in England. 20 F¥111paI pl3e• of busin•ss The address of the companys pripaI ace of business and registe is.. wenfvrth Close RiplÈy Woking Surrey GU23 6ED 12